HOUSE BILL 583

Sponsored By:

Delegates Sossi, Aumann, Boteler, Eckardt, Elliott, Frank, Glenn, Haddaway, Jennings, Kach, Niemann, Norman, Shewell, Stocksdale, Walkup, and Weir

Entitled:

Income Tax Credit - Visual Fire Alarm Systems

Synopsis:

Providing a credit against the State income tax for costs associated with the purchase and installation of specified visual alarm systems in specified qualifying structures; limiting the credit to the amount of a tax credit certificate issued by the Comptroller; limiting to $100,000 the aggregate tax credit certificates that may be issued for any taxable year; applying the Act to taxable years beginning after December 31, 2007; etc.

History by Legislative and Calendar Date

House Action

1/31

First Reading Ways and Means

2/6

Hearing 2/21 at 1:00 p.m.

Senate Action

No Action

Sponsored by:

Delegate Richard A. Sossi, District 36

Delegate Susan L. M. Aumann, District 42

Delegate Joseph C. Boteler, III, District 8

Delegate Adelaide C. Eckardt, District 37B

Delegate Donald B. Elliott, District 4B

Delegate William J. Frank, District 42

Delegate Cheryl D. Glenn, District 45

Delegate Jeannie Haddaway, District 37B

Delegate J. B. Jennings, District 7

Delegate Wade Kach, District 5B

Delegate Doyle L. Niemann, District 47

Delegate H. Wayne Norman, Jr., District 35A

Delegate Tanya T. Shewell, District 5A

Delegate Nancy R. Stocksdale, District 5A

Delegate Mary Roe Walkup, District 36

Delegate Michael H. Weir, Jr., District 6

Bill indexed under the following Subjects:

Deaf Persons

Equipment -see also- Motor Vehicle Equipment

Fire Protection

Housing -see also- Apartments; Condominiums; Mobile Homes

Income Tax

Landlord and Tenant -see also- Eviction; Leases & Rent; etc.

Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General

( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered